Honeywell Aerospace Cuts Guidance
1 source · first reported 15h ago
Honeywell Aerospace has reduced its 2026 financial guidance due to supply chain challenges. CEO Jim Currier admitted to underestimating the recovery time for the company's supply chain. The company had anticipated a faster pace of improvement, but it did not materialize.
Why it matters
The reduction in guidance may impact the production and delivery of aerospace systems, potentially affecting the defense industry's supply chain. Honeywell Aerospace is a significant player in the industry, and its financial performance can have ripple effects on various programs and acquisitions.
Independent Media 1
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